Clay County Savings Association Building

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Clay County Savings Association Building
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Clay County Savings Association building
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Location Liberty, MO
Coordinates 39°14′49.58″N94°25′8.36″W / 39.2471056°N 94.4189889°W / 39.2471056; -94.4189889 Coordinates: 39°14′49.58″N94°25′8.36″W / 39.2471056°N 94.4189889°W / 39.2471056; -94.4189889
Arealess than one acre
Built1859 (1859)
Architectural styleFederal
MPS Liberty MPS
NRHP reference No. 92001675 [1]
Added to NRHPDecember 28, 1992

The Clay County Savings Association in Liberty, Missouri, was robbed on February 13, 1866, making it one of the earliest documented daylight bank robberies. The robbers escaped with at least $60,000 (equivalent to $1,110,000in 2021 [2] ) and killed a bystander outside. The robbery is believed to have been conducted by a group of former Confederate guerrillas, possibly led by Jesse James [3] or Archie Clement, which became known as the James–Younger Gang.

According to accounts of the day:

The entire maneuver lasted no more than 15 minutes. [3]

In total, the robbers collected at least $60,000. [4] Reportedly they collected government bonds worth $42,000 [3] to $45,000, [4] $518 in tax stamps, [3] gold, silver coins, and banknotes. [3]

The bank offered a $5,000 reward for recovery of the money. [4] Attempts to track the robbers were hindered by snow that covered their tracks. [4] Articles in local newspapers implicated both former Confederate bushwackers [4] and Kansas Redlegs of the crime. Later, some townspeople admitted to recognizing some of the robbers but withholding the information out of fear. [3] The robbers were never caught, and no money was ever recovered. The Association eventually settled with creditors for 60 cents on the dollar and closed. [3]

The building is located at 104 East Franklin Street, a block northeast of the Clay County Courthouse. It was built in 1859, and is a two-story, Federal style rectangular brick building with a gable roof. [5] :2 It was listed on the National Register of Historic Places in 1992. [1]

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References

  1. 1 2 "National Register Information System". National Register of Historic Places . National Park Service. July 9, 2010.
  2. 1634–1699: McCusker, J. J. (1997). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States: Addenda et Corrigenda (PDF). American Antiquarian Society. 1700–1799: McCusker, J. J. (1992). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States (PDF). American Antiquarian Society. 1800–present: Federal Reserve Bank of Minneapolis. "Consumer Price Index (estimate) 1800–" . Retrieved April 16, 2022.
  3. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 "Clay County Savings Association Bank Liberty, Missouri". The James-Younger Gang: Come Ride With Us. Archived from the original on 22 December 1996. Retrieved 6 February 2014.
  4. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 National Historical Company (1885). History of Clay and Platte Counties, Missouri. St. Louis, Missouri: Press of Nixon-Jones Printing Co. pp. 259–260.
  5. Deon K. Wolfenbarger (n.d.). "National Register of Historic Places Inventory Nomination Form: Clay County Savings Association Building" (PDF). Missouri Department of Natural Resources. Retrieved 2016-11-01.